BNC projects decline in profitability
The project was initially scheduled to be completed by October 31, 2023, but faced unforeseen technical challenges that extended its completion date to the end of next month.
By Business Reporter
Mar. 29, 2024
BNC to institute budgetary controls
Nickel prices on the London Metal Exchange experienced a significant decrease of 48% to US$16 300 per tonne during the calendar year 2023.
By Business Reporter
Feb. 19, 2024
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Major shake-up at Kuvimba Mining
This, Zimbabwe Independent understands, is in response to concerns expressed by shareholders over management's failure to meet set targets.
By Freeman Makopa
Nov. 10, 2023
BNC turns to local bank loans
This comes after several big companies have indicated that they have not been lucky in getting large capital from banks.
By Tafadzwa Mhlanga
Sep. 22, 2023
BNC turns to high-volume, low-grade mining strategy
The decrease in turnover to US$49,5 million was a direct result of reduced nickel concentrate sales volume, despite the increase in nickel prices.
By Rufaro Hozheri
Sep. 22, 2023
Kuvimba pumps US$5m into ZimAlloys
The company has three furnaces at its Gweru smelting complex with a combined installed capacity of 120 000 tonnes per annum.
By Mthandazo Nyoni
Sep. 12, 2023
Kuvimba spends US$150m in Capex
Rukweza said they have an aggressive exploration programme where they are looking to spend between US$20 million and US$30 million.
By Mthandazo Nyoni and Tinashe Kairiza
Sep. 10, 2023
BNC experiences high operating costs
BNC company secretary Conrad Mukanganga said the nickel mining firm also experienced intermittent plant breakdowns owing to the unavailability of critical spares.
By Business Reporter
Aug. 21, 2023
Auditors cast doubt on BNC survival
The mining company incurred an operating loss before tax of US$24,2 million for the year ended March 31 2023.
By Melody Chikono
Jul. 7, 2023
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Scramble for food at Buhera festivities lays bare dire situation in rural areas
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Apr. 21, 2024